Connor, Clark & Lunn Financial Group Launches UCITS Funds Focused on Quantitative Equity Strategies
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VANCOUVER, BC, May 5, 2021 /PRNewswire/ Connor, Clark & Lunn Financial Group, one of Canada s largest independent asset management firms, announced today the launch of the Connor, Clark & Lunn UCITS ICAV. The initial sub-funds include the CC&L Q Emerging Markets Equity UCITS Fund and the CC&L Q Global Equity Market Neutral UCITS Fund. The investment manager is Vancouver based Connor, Clark & Lunn Investment Management Ltd. (CC&L Investment Management), a team of 100 professionals who manage US$41.7 billion across a range of asset classes.
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Vancouver-based Connor, Clark & Lunn Financial Group Ltd. has expanded its offerings to Europe, with two funds focused on quantitative equity strategies, the firm said in a release on Wednesday.
The CC&L Q Emerging Markets Equity UCITS Fund is an actively managed long-only equity strategy that targets long-term capital growth relative to emerging market equity indexes.
The CC&L Q Global Equity Market Neutral UCITS Fund is an actively managed long/short equity strategy that seeks to generate returns that have a low correlation with global equity markets and to maximize long-term total return.
The two new funds, which are managed by Connor, Clark & Lunn Investment Management Ltd., are sub-funds of the Connor, Clark & Lunn UCITS ICAV, an Irish collective asset-management vehicle constituted as an umbrella fund, with segregated liability among sub-funds. The firm announced the collective vehicle’s launch in the release.